U.S. policymakers draw ire from IMCA panelists

Panelists at the Investment Management Consultants Association this week heaped criticism on Washington and its policy-making apparatus. The criticism extended beyond politicians. "The central bankers are bullying people out of cash because they want risk-taking," said Mark Yusko, president and chief investment officer at Morgan Creek Capital Management. Panelists said they expect slow growth in the U.S. this year.